Movement Alert|BYD COMPANY Rises 3.16% in Regular Trading, BlackRock Increasing H-Share Stake to 7.10%

Market Focus
Yesterday

On October 9, BYD COMPANY rose 3.16% in regular trading, trading at HK$75.15/share, with Turnover of HK$131 million.

The stock gained after exchange disclosures showed BlackRock increased its long position in the company's H-shares from 6.95% to 7.10% on October 5, signaling renewed institutional confidence. The buying coincides with BYD's record September new energy vehicle sales of 463,561 units, up 16.98% year-over-year, including export shipments of 180,700 units, up 153.9% year-over-year.

The combination of large-cap institutional accumulation and strengthening delivery fundamentals provided the primary catalyst for the intraday advance.

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